Consumer Finance Center – financing

Sean Patrick asked: What does zero percent financing really cost? Car dealers have been very successful with their zero percent financing campaigns – so successful that the concept has been repeated in other industries such as electronics, furniture sales and credit card companies.According to CNW Research, only one-third of buyers who apply for zero percent [...]

John Collins asked: Auto finance companies in the U.S. are switching to longer term car loans, in an attempt to downsize their involvement in the leasing business.Longer term auto finance loans have a slower repayment of principal, as well as increase the risk of losses resulting from defaults in payments. Leasing companies in the auto [...]